49.12
price up icon0.86%   +0.42
after-market  After Hours:  49.12 
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Magna International Inc. stock is currently priced at $49.12, with a 24-hour trading volume of 1.13M. It has seen a +0.86% increased in the last 24 hours and a -8.20% declined in the past month. The chart indicates a potential bullish trend, as the stock is above the $48.54 pivot point. If it approaches the $49.43 resistance level, significant changes may occur.
Previous Close:
$48.70
Open:
$48.8
24h Volume:
1.13M
Market Cap:
$14.11B
Revenue:
$42.80B
Net Income/Loss:
$1.21B
P/E Ratio:
13.61
EPS:
3.61
Net Cash Flow:
$601.00M
1W Performance:
+1.61%
1M Performance:
-8.20%
6M Performance:
-0.73%
1Y Performance:
-5.39%
1D Range:
Value
$48.75
$49.38
52W Range:
Value
$46.71
$65.27

Magna International Inc. Stock (MGA) Company Profile

Name
Name
Magna International Inc.
Name
Industry
Auto Parts (61)
Name
Phone
905-726-2462
Name
Address
337 Magna Drive, Aurora, ON
Name
Employee
173,000
Name
Twitter
@magnaint
Name
Next Earnings Date
2024-05-09
Name
Latest SEC Filings
Name
MGA's Discussions on Twitter

Magna International Inc. Stock (MGA) Upgrades & Downgrades

Date Action Analyst Rating Change
Jan-03-24 Downgrade Goldman Buy → Neutral
Sep-13-23 Initiated UBS Neutral
Aug-24-23 Resumed Scotiabank Sector Perform
Jul-06-23 Upgrade BofA Securities Neutral → Buy
May-08-23 Upgrade Exane BNP Paribas Underperform → Neutral
Apr-19-23 Downgrade RBC Capital Mkts Outperform → Sector Perform
Feb-15-23 Initiated Barclays Equal Weight
Feb-01-23 Upgrade BMO Capital Markets Market Perform → Outperform
Jan-25-23 Downgrade TD Securities Buy → Hold
Jan-09-23 Downgrade BofA Securities Buy → Neutral
Dec-14-22 Downgrade Wells Fargo Overweight → Equal Weight
Nov-23-22 Downgrade Citigroup Buy → Neutral
Apr-11-22 Initiated Exane BNP Paribas Underperform
Mar-16-22 Upgrade Raymond James Underperform → Mkt Perform
Mar-08-22 Downgrade BMO Capital Markets Outperform → Market Perform
Dec-16-21 Upgrade Wells Fargo Equal Weight → Overweight
Nov-08-21 Resumed Citigroup Buy
Oct-20-21 Downgrade Raymond James Mkt Perform → Underperform
Oct-15-21 Resumed Morgan Stanley Overweight
Oct-11-21 Downgrade Barclays Overweight → Equal Weight
Jun-24-21 Upgrade Goldman Neutral → Buy
Jun-21-21 Upgrade Edward Jones Hold → Buy
Apr-14-21 Upgrade Morgan Stanley Underweight → Equal-Weight
Mar-26-21 Initiated Wells Fargo Equal Weight
Nov-09-20 Upgrade BMO Capital Markets Market Perform → Outperform
Nov-09-20 Downgrade Morgan Stanley Equal-Weight → Underweight
Apr-27-20 Upgrade Credit Suisse Neutral → Outperform
Apr-15-20 Initiated Goldman Neutral
Mar-30-20 Upgrade Morgan Stanley Underweight → Equal-Weight
Mar-24-20 Upgrade KeyBanc Capital Markets Sector Weight → Overweight
Jan-09-20 Initiated The Benchmark Company Buy
Dec-17-19 Resumed RBC Capital Mkts Outperform
Jun-27-19 Initiated Credit Suisse Neutral
May-01-19 Downgrade Wolfe Research Outperform → Peer Perform
Apr-16-19 Initiated Seaport Global Securities Buy
Apr-15-19 Downgrade CIBC Sector Outperform → Neutral
Feb-22-19 Downgrade TD Securities Buy → Hold
Jan-10-19 Upgrade TD Securities Hold → Buy
Oct-02-18 Initiated Wolfe Research Outperform
May-14-18 Initiated Evercore ISI Outperform
Mar-22-18 Downgrade Morgan Stanley Equal-Weight → Underweight
Jan-19-18 Downgrade TD Securities Buy → Hold
Jan-12-18 Upgrade Wells Fargo Market Perform → Outperform
Jan-09-18 Reiterated Macquarie Outperform
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Magna International Inc. Stock (MGA) Financials Data

Magna International Inc. (MGA) Revenue 2024

MGA reported a revenue (TTM) of $42.80 billion for the quarter ending December 31, 2023, a +13.10% rise year-over-year.
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Magna International Inc. (MGA) Net Income 2024

MGA net income (TTM) was $1.21 billion for the quarter ending December 31, 2023, a +104.90% increase year-over-year.
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Magna International Inc. (MGA) Cash Flow 2024

MGA recorded a free cash flow (TTM) of $601.00 million for the quarter ending December 31, 2023, a +45.17% increase year-over-year.
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Magna International Inc. (MGA) Earnings per Share 2024

MGA earnings per share (TTM) was $4.22 for the quarter ending December 31, 2023, a +109.95% growth year-over-year.
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Magna International Inc. designs, develops, and manufactures automotive systems, assemblies, modules, and components in North America, Europe, Asia, and South America. The company offers body systems, including exterior sheetmetal and closure systems, body structure systems, and energy management solutions; chassis systems, such as frames and chassis subframes, suspension links and arms, and chassis modules; and engineering services comprising support, program management, virtual tool, prototype build and validation, testing, and research and development services. It also provides fascia and exterior trims, liftgate and exterior modules, front end modules, ACTERO active aerodynamics, and lightweight composites; and roof systems that include softtops, retractable hardtops, modular tops, and hardtops. In addition, the company offers latching system, hinge and wire forming, power closure, electronic, door module, window system, engineered glass, sealing, trim and roof rack, testing center, and running board closures; and driveline systems, fluid pressure and controls, and metal-forming solutions. Further, it provides driver assistance systems and electronic components; and interior and exterior mirrors, actuators, electronic vision systems, door handle and overhead console technologies, and front and signal lightings. Additionally, the company offers seating systems, mechanism and seat structure solutions, foam and trim solutions, and design and development solutions; and engineering services, vehicle contract manufacturing services, and fuel systems. The company serves original equipment manufacturer, tier 1, medium and heavy truck, and non-automotive customers. Magna International Inc. was founded in 1957 and is headquartered in Aurora, Canada.
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Cap:     |  Volume (24h):